DBS Group Research analysts Chung Wei Le and Ling Lee Keng say that systems integrator CSE Global offers an “attractive entry opportunity” “CSE is currently trading at 8.3x FY21F Price-to-Earnings, which is -0.8 Standard Deviation below its 4- year historical mean,” they explain in a Nov 13 ...

CSE Global Limited has reported net profit of $5.1 million for the 3QFY2020 ended Sept 30, some 11.6% lower than net profit of $5.7 million a year ago. In its business update released on Nov 11, the oil, gas and telecommunications operator attributed the decline to the one-off divestment gain of its...

As an unusual 2020 US Presidential campaign draws to a close, local investors are hoping that Democratic candidate Joe Biden wins the upcoming elections. According to DBS analysts Yeo Kee Yan and Chung Wei Le, a Biden victory would see a more constructive relationship with China, benefitting Chinese...

DBS Group Research is maintaining its “buy” call on oil, gas and telecommunications operator CSE Global, but at a revised target price of 57 cents. This is down 4 cents from its previous 61 cent call, and is believed to give the counter a 27% upside from its 46 cent price on Oct 22, analyst Ling...

Global technology solutions provider CSE Global says its business sectors have secured $91.0 million of new orders, compared to $156.1 million secured in 3Q2019. The lower new orders this quarter is mainly due to the decline in orders from CSE Global’s Oil & Gas and Mining & Minerals segme...

TECHNOLOGY solutions provider CSE Global secured about S$91 million in new orders for the third quarter, down from the S$156.1 million in new orders a year ago.

RECENT acquisitions have shored up CSE Global's financial performance, making the tech-solutions provider a bright spot in the Covid-19 pandemic-hit oil and gas sector. With a continued appetite for mergers and acquisitions (M&As), it is now eyeing a "consolidator" rol...

The year 2020 is a “watershed year”, according to CGS-CIMB analyst Lim Siew Khee, who estimated an average decline of 32% y-o-y for companies’ earnings per share (EPS) across the board following their 1H20 results. “We knew 2Q20 would be bad but some corporates were hit harder than expected....

Analysts from DBS Group Holdings, CGS-CIMB Research, and RHB Research have maintained their “add” or “buy” calls following CSE Global’s 1H20 results. KGI Securities analyst Joel Ng, on the other hand, has downgraded the stock to “neutral” due to the company’s strong 1H20 results bein...

CSE Global, a tech-solutions provider to the oil and gas and mining industries, saw its earnings for the half year ended June 30 rise 47.7 per cent to S$15.1 million, on the back of contributions from its newly-acquired units in the US and Australia.